The Sell: Kyle Sandilands and Tegan Kynaston buy at Vaucluse
With a mega new deal in the back pocket Kyle Sandilands and his wife Tegan Kynaston have splashed out on a stunning $14m house in Sydney’s eastern suburbs.
NSW
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KIIS FM breakfast co-host Kyle Sandilands and his wife Tegan Kynaston have spent $14m in Vaucluse, with the couple now set to quit their nearby luxury $8000-a-week rental.
Initial reports of their recent purchase put the price at $13m-plus.
The two-level four-bedroom, four-bathroom home with double garaging was sold earlier this month by Fan Xu, who had paid $6.28m in 2017.
Of course Jackie “O” Henderson, co-host on The Kyle and Jackie O Show, has been working on plans for her purchase of a dilapidated $13.25m Clovelly clifftop earlier this year.
Henderson sold the Vaucluse home that she shared with former husband Lee Henderson for $6,675,000 in early 2020. She owned at Woollahra in the interim.
This week, Sandilands and Henderson signed a new $200m radio deal that takes them through until 2034, and will include the show being broadcast in Melbourne on KIIS 101.1 next year.
The 10-year extension with the ASX-listed ARN Media gives them a percentage of extra revenue and millions of shares as a bonus.
The Sandilands purchase sits on a private leafy enclave on a 1018sq m block, with city skyline views – and Harbour views if they build up. The home comes with a pool and spa.
Sandilands currently rents closer to the Harbour with water views, having previously been in an $8000-a-week Bellevue Hill rental until late 2022.
His Vaucluse rental is owned by property developer Phil Wolanski.
“I think I’m the poorest person in the street,” Sandilands told a recent business pages profile.
The couple own a Hills district acreage at Glenorie bought in 2022 for $3m and a three-bedroom retreat in the Port Douglas hinterland, which cost $1.3m in 2020.
As a teenager, Sandilands spent time living rough on the streets after being kicked out for throwing a wild party at his parents’ home. He has supported the Stepping Stone House’s Sleep Under the Stars charity event.
Cricket power couple’s sales pitch is stumped
Glamour cricket couple Alyssa Healy and Mitchell Starc put their resort-style North Curl Curl home to weekend auction with it attracting no bids. There was a crowd of about 20.
The Northern Beaches designer home, built by former Miss Universe Jennifer Hawkins and her husband, builder Jake Wall, had initial $9m price guidance.
The buyer feedback to Andrew Toohey at Stone Real Estate came in at $8.8m.
“Properties of this quality and location are a rare find in North Curl Curl’s very tightly held market,” Toohey’s marketing advised
It has coastal and district vistas from its two levels and expansive terraces, with fluid indoor/outdoor living and entertaining spaces.
The four-bedroom, three-bathroom house cost $5.235m in 2016 when the couple sold Starc’s Botanic Rd Mosman residence for $5.95m.
It recently onsold for $9,215,000.
The pair are reported to have met aged just nine. They married in 2016, with the North Curl Curl home being their first home together.
It is the house where Healy last month broke up a fight between her two Staffordshire bull terriers. She injured her right index finger, prompting her absence from the Women’s Big Bash League.
The on-site auction of the home followed the reveal of their next home, Charlotte Park, the recently sold $24.5m luxury Terrey Hills estate. The home on the 1.8ha estate was designed by architect Michael Kilkeary for Simone Mills, the wife of Cadence & Co luxury construction firm co-founder Darren Mills. It comes with equestrian facilities.
Their reputed sale price more than doubles the $12m suburb record when rugby league legend Brad Fittler and partner Marie Liarris sold their 2.2ha property to Telstra’s former chairman John Mullen and his wife Jacqueline Mullen in early 2022.
Just back from the ODI World Cup, Starc, who ranks among Cricket Australia’s highest paid players, plans to bowl in next year’s Indian Premier League. Healy, who is tipped to replace recently retired captain Meg Lanning, will play for India’s UP Warriorz in the Women’s Premier League.
Their property portfolio on the northern beaches includes houses in Forestville, Killarney Heights and Collaroy Plateau.
Hawkins and Wall’s other home project at North Curl Curl sold in 2014 for $4.1m to Fortescue Metals’ former chief executive Elizabeth Gaines, who resold it in 2021 for $7.2m.
CAPERTEE STUNNER WITH DRAMATIC VIEWS
A Glen Davis, Capertree Valley farm that been listed for sale at $2.9m has regularly appeared on screens as a dramatic set location.
It was the recent setting for Home And Away scenes starring Ada Nicodemou (Leah Patterson) and James Stewart (Justin Morgan). The dramatic episodes saw Justin and Leah left for dead at an abandoned estate far away from the beach.
Surrounded by sandstone cliffs, the 86 hectare holding at 3491 Conabla Ave also hosted the recent SAS Australia series.
It appeared in the 1980 Aussie classic The Chain Reaction, produced by David Elfick and starring Steve Bisley and Arna-Maria Winchester.
Set beside the Capertee River, The Poplars is home to the famous shale oil industrial site, which is now a popular tourist destination. It also has grazing and cropping.
There are two cottages that currently rent out as BnBs run by Mary and John Thirwall who bought the property around two decades ago.
It has been listed by McGrath Central Tablelands agent Scott Inglis.
The valley has regularly seen brands including Land Rover, Toyota and Country Road in product shoots.
The mining town of Glen Davis, named after George Davis, was established under an act of the NSW Parliament in 1939. It flourished until 1952, employing up to 1600 people at its peak, when it was believed to be one of the richest shale oil deposits in the world.
Another nearby property at Glen Alice has been listed by Neil Franklin and his PR consultant partner Lesley White, who are making a sea change to the NSW south coast.
Their 35-hectare holding, Glenbrook, has been listed through Stewart Adlington and Ingrid Kazzi at McGrath Central Tablelands. It comes with straw-bale house and a farmstay guest cottage that take in views of the UNESCO World Heritage-listed Wollemi National Park.
COURT FIGHT GOES ON OVER HOUSE ON THE HILL
The Supreme Court battle relating to sale of Fintry, the former Bellevue Hill home of the entrepreneurial independent digital media couple Mia Freedman and Jason Lavinge, is not over.
The couple recently secured approval from Justice Nicholas Chen to secure discovery over the legal documents held by their former solicitor Peter Garrett.
Their barrister Harriet Lenigas, instructed by Quinn Emanuel Urquhart & Sullivan LLP, is pursuing a professional negligence claim against the former partner of HWL Ebsworth Lawyers.
It all dates back to the couple entering into a put and call option deed in 2014 to buy Fintry, the hilltop 1930s mansion. The deed prepared by Garrett also entitled them to $5875 per week occupancy.
The couple exercised the call option in December 2019 with its purchase price at $12m, but after an ongoing dispute with the vendor, the settlement did not occur.
The parties were in dispute across a number of matters, one of which was whether the vendor was obliged to provide an occupation certificate.
The plaintiffs allege that they did not complete the settlement based upon the advice they received.
But a 2020 case found that the vendor Somna Kumar, wife of investment banker Joseph Jayaraj, had validly served a notice of termination and rescission, after a hearing before Justice Rowan Darke. His 19,000-word judgment did rule Kumar was not entitled to keep the $600,000 deposit.
Fintry was then sold by Kumar in late 2020 for $16.1m to aspiring politician Andrew Charlton and his wife Phoebe.
Part of the current claim for damages includes the $4.1m difference in value.
Justice Chen noted that the “battlelines” had been “clearly drawn” between the parties by the pleadings.
The entrepreneurial media couple now own a Point Piper house that cost $12.75m.
COUPLE EXITS APARTMENT FOR $14.5M
The former NSW premier Nick Greiner and marketing expert Carolyn Fletcher have sold their three-bedroom Point Piper apartment for about $14.5m in an off-market deal.
Greiner, who was premier from 1988 to 1992, now rents a contemporary home at Randwick in a $2600 a week rental.
He will possibly pocket two-thirds of the proceeds and Fletcher the remaining one third based on their purchase distribution.
The whole-floor Pacific Point apartment, which cost $5.5m in 2014, has 320sq m space.
Savills’ Martin Schiller and Sotheby’s Michael Pallier are being credited with the sale.
The apartment had been tenanted during his three-year term as Australia’s consul-general to New York.
The couple vacated the Beekman Place consular quarters in February this year.
The 2014 purchase followed the sale of Greiner’s former matrimonial Centennial Park home, when the five-bedroom Lang Rd Federation home fetched $6.25m after his separation in 2013 from his wife Kathryn Greiner after 43 years of marriage.
The Pacific Point block’s prior record of $13.5m was paid by property developer Michael Teplitsky in 2017 to mortgage broker John Symond for the two-storey penthouse.
DRAGON SELLS FIRST PROPERTY
Shell Cove-based St George Illawarra Dragons star Zac Lomax, who was back at training this month, has sold his first property.
The two-bed Wollongong apartment – which Lomax bought in 2019 for $650,000 when he was an emerging rookie –fetched $750,000.
The apartment sold through Hodder & Borg after 108 days on market after having been a $650-a-week rental.
HISTORIC HOME TAKES HAIRCUT
Carleith, the historic Hunters Hill home of the Carnegie family, has been sold pre-auction.
Maile Carnegie, the former Google Australia boss and now ANZ senior executive, and her corporate adviser husband Charles Carnegie were seeking $10.5m for the 1890s residence, which last traded for $1.65m in 1998.
The 1113sq m Gladstone Ave property is understood to have fetched less than $10m.
WATKINS SELLS TERRACE AT LAST
Popular YouTube gamer Elliott Watkins has finally sold his Pyrmont terrace, securing $3.9m two years after the Pyrmont St terrace came with a $4.5m guide.
Set on 177sq m, the four-bedroom Victorian terrace had a rear pavilion with parking, office space and a studio. It cost $3.65m in 2017.
Watkins owns a $9.125m Tamarama property under construction.
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Originally published as The Sell: Kyle Sandilands and Tegan Kynaston buy at Vaucluse
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